TRGXX Fees and Costs — T. Rowe Price U.S. Treasury Money Fund, I Class
Data updated: 2026-08-12
The net expense ratio is 0.22%: a 0.18% management fee plus 0.04% other expenses. There are no sales loads or redemption fees.
TRGXX Fees and Expenses
Annual operating expenses and sales charges of TRGXX. Prospectus, as of July 27, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.18% |
| 12b-1 fee | — |
| Other expenses | 0.04% |
| Gross expense ratio | 0.22% |
| Fee waiver | — |
| Net expense ratio | 0.22% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
TRGXX Costs Over Time
On $10,000 invested in TRGXX, assuming 5% a year before costs, total costs come to $140 over 5 years, cutting the return by 0.23% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.22%) | $23 | $73 | $127 |
| Lost growth on money paid in costs | $0 | $4 | $13 |
| Total costs | $23 | $76 | $140 |
| Value after costs | $10,477 | $11,500 | $12,623 |
| Impact on return, per year | 0.23% | 0.23% | 0.23% |
TRGXX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
TRGXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $778.1B | 47.72% |
| STATE STREET GLOBAL MARKETS, LLC | $249.9B | 15.32% |
| Citigroup Inc. | $169.2B | 10.38% |
| Federal Reserve Bank of New York | $112.5B | 6.90% |
| J.P. MORGAN SECURITIES LLC | $100.2B | 6.14% |
| RBC Capital Markets, LLC | $72.4B | 4.44% |
| HSBC Securities (USA) Inc. | $50.0B | 3.07% |
| BOFA SECURITIES, INC. | $45.2B | 2.77% |
| BMO Capital Markets Corp. | $29.5B | 1.81% |
| TD Securities Ltd. | $23.5B | 1.44% |
T. Rowe Price U.S. Treasury Money Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TRZXX | Z Class | 0.00% | — |
| TRGXX | I Class | 0.22% | — |
| PRTXX | T. Rowe Price U.S. Treasury Money Fund | 0.32% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.